Violation Tracker Individual Record
Company:Life Insurance Company of Georgia and Southland Life Insurance Company
Date:February 20, 2002
Offense Group:consumer-protection-related offenses
Primary Offense:insurance violation
Secondary Offense:discriminatory practices (non-employment)
The companies agreed to pay $4 million to resolve multistate allegations that they had charged higher premiums to non-white customers for certain kinds of life insurance policies.
Level of Government:state
Action Type:agency action
Agency:Multistate Financial Regulators Case
Civil or Criminal Case:civil
HQ Country of Parent:United Kingdom
Ownership Structure of Parent:publicly traded
Major Industry of Parent:financial services
Specific Industry of Parent:insurance
Source Notes:If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.